Income Tax (Earnings and Pensions) Act 2003 (c. 1)

Part 9 U.K. Pension income

Chapter 6 U.K. Approved retirement benefits schemes

Pensions and annuities U.K.

581 Taxable pension income U.K.

If section 580 applies, the taxable pension income for a tax year is the full amount of the pension or annuity accruing in that year irrespective of when any amount is actually paid.